Russian state lessor to receive funds for aircraft purchases

Credit: Sukhoi Civil Aircraft Co.
The Russian government intends to provide a RUB4.9 billion ($76.6 million) subsidy to the State Transport Leasing Co. (STLC) for the acquisition of additional aircraft. The state-owned lessor would receive the funds by year-end, according to draft legislation published by the government. STLC will...

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